Note: Please no copy-paste from other Chegg expert answers. Kindly answer in type form. no image please.

Financial data for Safety Hire as of 30 June 2019 are: Accounts receivable $ 63000 Wages expense Equipment hire income 170 000 Advertising expense Accounts payable 40 000 Land Michael Donato, capital ? Hire equipment Cash at bank 45 000 Loan payable Mortgage payable 130 000 Electricity expense Building 85000 Telephone expense $ 75000 30 000 75000 180 000 50 000 18000 7500 Required: Prepare an income statement for the month of June and a balance sheet in account format for Safety Hire as at 30 June 2019. (10 marks)